Howard Schultz

From Simple English Wikipedia, the free encyclopedia
Jump to navigation Jump to search
Howard Schultz
Howard Schultz by Gage Skidmore.jpg
Schultz in 2019
Howard D. Schultz

(1953-07-19) July 19, 1953 (age 67)
Alma materNorthern Michigan University
OccupationFormer Chairman and CEO of Starbucks
Net worthIncrease US$2.9 billion (Sept 2015)[1]
Spouse(s)Sheri Kersch Schultz (m. 1982)
ChildrenEliahu Jordan Schultz
Addison Schultz

Howard D. Schultz (born July 19, 1953) is an American businessman. He is best known as the former chairman and CEO[3] of Starbucks and a former owner of the Seattle SuperSonics. He was a member of the Board of Directors at Square, Inc..[4]

In 1998, Schultz co-founded Maveron, an investment group, with Dan Levitan.[5] In 2012, Forbes magazine ranked Schultz as the 354th richest person in the United States, with a net worth of $1.5 billion.[6]

On June 4, 2018, Schultz announced his retirement as executive chairman.[7]

In January 2019, it was reported that Schultz was considering running as an independent candidate in the election.[8] Schultz announced on January 27, 2019 that he would explore a bid as an independent candidate.[9] However in June 2019, he ruled out a presidential bid citing health concerns.[10] In September 2019, Schultz formally said he would not run saying he would not want to risk re-electing President Donald Trump.[11]

References[change | change source]

  1. Forbes: The World's Billionaires - Howard Schultz September 2015
  2. "Starbucks CEO Schultz's pay rose 45 percent in 2010". Seattle Times.
  3. Archived 2008-05-11 at the Wayback Machine. URL last accessed August 16, 2007.
  4. Efrati, Amir (August 8, 2012). "Starbucks Invests in Square". The Wall Street Journal.
  5. Arnold, Glen (2008). Corporate financial management. Pearson Education. p. 496. ISBN 978-0-273-71041-7.
  6. "The 400 Richest Americans". Retrieved 2011-08-22. CS1 maint: discouraged parameter (link)
  7. "Howard Schultz to Step Down as Starbucks Executive Chairman". 4 June 2018. Retrieved 4 June 2018 – via CS1 maint: discouraged parameter (link)
  8. "Former Starbucks chief Howard Schultz exploring independent 2020 bid". Retrieved 22 January 2019. CS1 maint: discouraged parameter (link)[permanent dead link]
  9. Emily Birnbaum (January 27, 2019). "Howard Schultz makes Twitter debut amid 2020 speculation". The Hill. Retrieved January 27, 2019. CS1 maint: discouraged parameter (link)
  10. "Former Starbucks CEO Howard Schultz suspends 2020 bid". The New York Post. June 12, 2019.
  11. Veronica Stracqualursi (September 6, 2019). "Howard Schultz drops plans to run as independent candidate in 2020". CNN. Retrieved September 6, 2019. CS1 maint: discouraged parameter (link)